Comments not related to oil and natural gas in this thread please.
Thank you.
Author: Ron Patterson
OPEC April Production Data
The OPEC charts below were created with data from the OPEC Monthly Oil Market Report. The PDF File can be downloaded from here: OPEC MOMR All OPEC data is through April 2018 and is in thousand barrels per day.
There was little change in OPEC production in April.
OPEC production was up 12,000 barrels per day in April but that was after February production had been revised down by 74,000 bpd and March production revised down by 39,000 bpd.
Open Thread Non-Petroleum, May 14, 2018
Please place all non-petroleum, non-extinction event comments here. Please post all petroleum comments in the OPEC post above and all extinction events comments in the extinction post below.
The Anthropocene extinction
Note: Please post only extinction event comments below.
The Sixth Extinction
There have been five major extinctions in the earth’s history and twenty lesser extinction events. They are all cataloged by Wikipedia here:
And here, below, are all the extinction events since the KT extinction.
The event 2 million years ago was, of course, the start of the ice ages. However, there is some who say that it was ushered in with an asteroid impact.
Pliocene-Pleistocene boundary: did Eltanin asteroid kickstart the ice ages?
I am not prepared to comment one way or the other on this bit of news. However, their explanation for the Quaternary extinction event is interesting. There were three events which they say the causes were unknown but may indicate climate change or overhunting. Really now? Let’s look at the first two dates.
640,000 years ago. This is the exact date that geologists and volcanologists estimate the Yellowstone supervolcano erupted.
74,000 years ago. This is the exact date that geologists and volcanologists estimate the Toba supervolcano erupted.
One would think that if there were two spikes in the extinction rate at the exact same time two super volcanos erupted, that they just might put two and two together and figure out that these two supervolcano eruptions had something to do with it. The Toba eruption almost wiped out the human population leaving, by some estimates, less than 10,000 humans alive.
And now the extinction event of 13,000 years ago has been explained. It was actually 12,900 years ago. It is all explained in this Nova presentation The Last Extinction . An extraterrestrial meteorite or asteroid impact was the culprit. Thanks to GoneFishing for the link.
OPEC March Crude Oil Production Data
All OPEC data below was taken from the April issue of The OPEC Monthly Oil Market Report. The data is through March 2018 and is thousands of barrels per day.
OPEC crude oil production dropped just over 200,000 barrels per day in March. They are now just over one million barrels per day below their fourth-quarter 2016 average.
Only the UAE showed any significant gain among OPEC members.